Garuda Indonesia says to return two Boeing jets to lessor
Garuda Indonesia will return two Boeing B737-800 jets to one of its lessors before their lease term ends as part of its efforts to improve its finances, the airline said in a statement on Monday. Garuda will seek a suspension of debt payments to creditors and lessors under a 'standstill agreement' in order to avoid bankruptcy, as the coronavirus pandemic continues to hit its income, a senior government official said last week.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-06-08/sky/garuda-indonesia-says-to-return-two-boeing-jets-to-lessor
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Garuda Indonesia says to return two Boeing jets to lessor
Garuda Indonesia will return two Boeing B737-800 jets to one of its lessors before their lease term ends as part of its efforts to improve its finances, the airline said in a statement on Monday. Garuda will seek a suspension of debt payments to creditors and lessors under a 'standstill agreement' in order to avoid bankruptcy, as the coronavirus pandemic continues to hit its income, a senior government official said last week.<br/>